price and supply of a commodity move in same direction. justify the statement.
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A 'trend' in financial markets can be defined as a direction in which the market moves.
you can also understand that the price of anything also depends on market and from where it belongs , simply its means that market and the price increases or decreases,.they both depends on each other.
you can also understand that the price of anything also depends on market and from where it belongs , simply its means that market and the price increases or decreases,.they both depends on each other.
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When the market supply of a commodity is greater than market demand at a given price then there is an excess supply for a commodity in
the market.
the market.
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